ANL - Amani Gold

[stoxclimber]

1) I've read that there is usually a 4 trading day lag between the EX date and record date (which was the case with USA) Do the people that sold on the ex date still get there options?

Yes - thats the reason for the sharp dropoff on the ex date..

2) If BYR plan on announcing details of the loyalty options soon, should we expect a similar rise in sp as seen with USA. BYR holders are in a good position where their gold drilling results are due before the loyalty options details and will hopefully add a little extra boost to the share price.

Theoretically, assuming these options are already known (I can't find an annoucement by BYR about it but im assuming they mentioned it since everyones talking about it) then we shouldnt see a big rise....but then again, finance theory is...

 

[skegsi]

Thanks for reply stox

Theoretically, assuming these options are already known (I can't find an annoucement by BYR about it but im assuming they mentioned it since everyones talking about it) then we shouldnt see a big rise....but then again, finance theory is...

On the 9th November USA made an announcement confirming that there will be loyalty options with a record date around second half of January. So the market was aware for approximately 1.5 months before the share price started moving. I have a feeling BYR might move even more than USA when announcement comes as these shares are very tightly held and those wanting in prior to ex-entitlement date will have to pay a premium.

Well, I hope so anyway

 

[G-Zilla]

Does anyone know of any other stocks on the ASX which have recently undergone loyalty options like BYR is about to? I think it wold be interesting to view the share price movements around the Ex-div date.

 

[alankew]

Gzilla try MRU(might be wrong as they may have been issued at the same time)or maybe Young Trader might be able to help with some of the IPOs he has bought into

 

[dubiousinfo]

Does anyone know of any other stocks on the ASX which have recently undergone loyalty options like BYR is about to? I think it wold be interesting to view the share price movements around the Ex-div date.

VPE recently completed a rights issue. BCN announced a rights issue on 8/2/07 which is still open, record date is 27/2/02.

 

[dubiousinfo]

TRH announced a rights issue on 5/2/07 which is still open, record date is 26/2/07.

 

[falconx]

Looking forward to some good news this week, should see this upwards trend continue.
BTW did anyone notice who the number 6 shareholder is in BYR? Dr Leon Pretorious (DYL chairman) owns just over 2.2% of BYR with 1m in shares. This is yet another positive sign imo.

 

[YOUNG_TRADER]

Looking forward to some good news this week, should see this upwards trend continue.
BTW did anyone notice who the number 6 shareholder is in BYR? Dr Leon Pretorious (DYL chairman) owns just over 2.2% of BYR with 1m in shares. This is yet another positive sign imo.

Thanks FalconX didn't see/realise that, agree positive IMO as he must like those KAL U Assets

 

[stretch]

Does anyone know of any other stocks on the ASX which have recently undergone loyalty options like BYR is about to? I think it wold be interesting to view the share price movements around the Ex-div date.

BCN-beacon,loyalty options ex date 21st Feb.

 

[Kauri]

Looking forward to some good news this week, should see this upwards trend continue.
BTW did anyone notice who the number 6 shareholder is in BYR? Dr Leon Pretorious (DYL chairman) owns just over 2.2% of BYR with 1m in shares. This is yet another positive sign imo.

Not forgetting of course that he got set as seed capital at .01c/share...
2.2% for $10,000...

 

[bigt]

Some large sells lined up at 31...looks a little off-putting to a holder waiting on potentially great results any day now..I hope these are not selling on inside information.

Anyone else have any thoughts?

 

[stoxclimber]

Well those sell orders are only $30k each..not a massive trade..and if the results were really bad then I'd be in a hurry to sell and not place a limit.

Not trying to ramp, just saying I don't think that sell is insider trading..nor has there been any insider trading buying judging by the stock movement.

 

[YOUNG_TRADER]

I agree with Stox,

I doubt its bad news Insider selling because if it was, I like Stox would be clearing my orders not placing em at limit

I'd say its just impatient punters who picked this up 25c or so 2 weeks ago, have been waiting on these gold results which were due last Wednesday and are now just impatient,

I'd expect results by Friday,

Also the Rights option issue is only around the corner so I wouldn't be surprised to see the company update the mkt about it soon

 

[falconx]

Not forgetting of course that he got set as seed capital at .01c/share...
2.2% for $10,000...

So basicly he turned $10k into $300k on paper with hardly any risk at all. Seems a bit odd too me but I'm fairly new to the game. Also how does one get chosen to outlay seed capital?

 

[moses]

Some large sells lined up at 31...looks a little off-putting to a holder waiting on potentially great results any day now..I hope these are not selling on inside information.

Anyone else have any thoughts?

Mmmm...could be nicer. I'm thinking the SMA's positive signal is being skewed by the big orders down close to 20c. The buying depth isn't encouraging at all, and I'm now wondering how long this has been going on. A suspicious mind could be forgiven for wondering if someone is hoping to pick up on a dump...

 

[skegsi]

may seem like a stupid question but what do the columns headed "number" indicate on the market depth table? (far right and left columns)

 

[moses]

may seem like a stupid question but what do the columns headed "number" indicate on the market depth table? (far right and left columns)

number of orders

 

[bigt]

A few nervous sellers..c'mon, keep that stiff upper lip and hold on for the results! The rights issue will see the SP soar, going by other similar offerings, never mind the gold results, AND the uranium tenemants going to be acquired.

 

[CanOz]

may seem like a stupid question but what do the columns headed "number" indicate on the market depth table? (far right and left columns)

Yeah, the number of buyers, or sellers depending on which table your looking at. Remember, don't get too excited about depth, only a small portion of the market is on depth, most buyers and sellers are waiting off the screen.

Cheers,

 

[CanOz]

A few nervous sellers..c'mon, keep that stiff upper lip and hold on for the results! The rights issue will see the SP soar, going by other similar offerings, never mind the gold results, AND the uranium tenemants going to be acquired.

I'm getting a bit impatient too, i see allot of other opportunities!

Cheers,